Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Trump's Crypto Bank Nears Launch with Conditional OCC Approval for USD1 Stablecoin

Guavy AI Editorial Team
Share

World Liberty Financial, backed by Donald Trump's family, has taken a significant step towards opening its crypto bank. The Office of the Comptroller of the Currency (OCC) has granted preliminary conditional approval for World Liberty Trust Company to become a federally chartered national trust bank focused on the USD1 stablecoin.

With this approval, World Liberty can bring stablecoin issuance, reserve management, and digital asset custody under its own federally supervised institution. The company currently relies on outside companies, such as BitGo, for these services.

The conditional approval is a significant development for World Liberty's USD1 stablecoin, which has grown to $4 billion in circulation and $469 million in daily trading volume. However, the bank still needs to satisfy several regulatory requirements before receiving final authorization to begin operations.

More on Crypto

Crypto just now

Treasury Moves Forward with GENIUS Act Rules Amid Missed Deadline

Crypto 1m ago

Bitcoin Exchange Reserves Rebound Amid ETF Demand Concerns

Crypto 1m ago

Bitcoin ETF Outflows Swell to $385M Amid Weakened Spot Trading

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy